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Oct 3, 2012
10/12
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thanks, bob. nice to talk to you. robert brusca, chief economist. >> tom: in europe, spain's >> tom: in europe, spain's prime minister dashed hopes the country will ask for a bailout soon. that request would help trigger the european central bank's latest bond-buying program, seen by investors as helpful for the markets. here in the u.s., the dow lost almost 33, the nasdaq gained 6.5, and not much change for the s&p; it's up about a point. >> reporter: i'm darren gersh. still ahead, both mitt romney and barack obama want to put more americans back to work. but is job training the right answer? we'll take a look. >> tom: six months before the credit crunch hit full force, j.p. morgan bought failing investment bank bear stearns. that was in 2007. now, j.p. morgan faces a lawsuit, claiming it inherited massive fraud on the part of the company it purchased. the civil lawsuit alleges systemic fraud with the packaging and sale of mortgage- backed securities by bear stearns before it was taken over by j.p. morgan. the bank s
thanks, bob. nice to talk to you. robert brusca, chief economist. >> tom: in europe, spain's >> tom: in europe, spain's prime minister dashed hopes the country will ask for a bailout soon. that request would help trigger the european central bank's latest bond-buying program, seen by investors as helpful for the markets. here in the u.s., the dow lost almost 33, the nasdaq gained 6.5, and not much change for the s&p; it's up about a point. >> reporter: i'm darren gersh....
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the protesters seem to have disappeared from bob greene's capital thanks to the intense military crackdown. we ventured into another side of. a side the government didn't want the world to see to find out where they've gone we drove to shia villages passing military checkpoints as we left the capital. with these protesters for a little bit. this is what the protest looks like today young boys who been people here. now the documentary that we just saw a clip of never aired and never aired on c.n.n. international why not. well i still haven't been given an exact reason as to why why it didn't air i went and visited with the president of c.n.n. international tony maddox twice on behalf of my dumbfounded crew and we were never given an answer and so i started investigating the situation liz after several employees who bennett the network for years approached me and said you need to look into this there's something going on it's very strange they're not airing your documentary and after some investigation we found out that c.n.n. international is actually making money from the buffering regime
the protesters seem to have disappeared from bob greene's capital thanks to the intense military crackdown. we ventured into another side of. a side the government didn't want the world to see to find out where they've gone we drove to shia villages passing military checkpoints as we left the capital. with these protesters for a little bit. this is what the protest looks like today young boys who been people here. now the documentary that we just saw a clip of never aired and never aired on...
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Oct 2, 2012
10/12
by
CNBC
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let's get the trading action here with bob pisani joins me from the floor. i would say it is a little profit taking. we still have a a lot of data points we still have the employment report out on friday and we'd big triple digit advance in the dow. >> very frustrating to say we are still moving on europe. happenness every day makes people crazy, look at the dow jones industrial average, waiting for spain to ask for a bailout request. it is that simple. 11:15, 11:30, the prime minister of spain came caught and said you listen, we are not going to make any requests imminently, we don't know what the word imminent means. don't know if it's going to be a week, two weeks. >> and the market dropped on that knew you can see slowly starting to come back. look at the major sectors, the bottom line today this is one of those indeterminate days, hard to determine exactly where the marget should be going based on this you notice the tears, sue, weaker than the rest of the market. the fertilizer is to the downside, mosaic, weak numbers, the demand for fertilizer strong
let's get the trading action here with bob pisani joins me from the floor. i would say it is a little profit taking. we still have a a lot of data points we still have the employment report out on friday and we'd big triple digit advance in the dow. >> very frustrating to say we are still moving on europe. happenness every day makes people crazy, look at the dow jones industrial average, waiting for spain to ask for a bailout request. it is that simple. 11:15, 11:30, the prime minister of...
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then we take a look at john bob. it is a top turnaround stock. it is jumping. talking about a low debt to capital ratio. an experienced executive officer. you can see the stock is up over 60% right now. back to you. melissa: new york attorney general eric schneiderman on the lawsuit against jb morgan. alleging bear stearns misled investors. we will be right back. ♪ gecko (clearing throat) thank you, mr. speaker, uh, members of congress. in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. melissa: we have breaking news right now. eric schneiderman following a civil lawsuit against jpmorgan chase. jpmorgan chase said all this happened before the government had
then we take a look at john bob. it is a top turnaround stock. it is jumping. talking about a low debt to capital ratio. an experienced executive officer. you can see the stock is up over 60% right now. back to you. melissa: new york attorney general eric schneiderman on the lawsuit against jb morgan. alleging bear stearns misled investors. we will be right back. ♪ gecko (clearing throat) thank you, mr. speaker, uh, members of congress. in celebration of over 75 years of our government...
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Oct 2, 2012
10/12
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CNBC
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bob is focused on succeeding and keeping his job, it's a good dynamic. the board wants to give him a little bit more time and see if he can make some progress and if not, this is one of the best boards in america. >> what is the real problem? it's something built up over the years. >> part of the problem is there's not a culture of efficiency, let's put it that way at procter & gamble. it is a fat and bloated company. competitors are nimble, have better cost structures, allows them to reinvest in growth the company has not been able to. you look at unilever, making the company much more efficient. >> the '90s with dirk jagger, mick jagger, whatever, and lastly procter & gamble, you were talking about the last couple of years, p&g was turned around, sounds like we're back to the future. >> there was a problem and the board stepped in and they found someone internally, someone who has been one of the great ceos of procter & gamble. >> what is your next move if nothing happens at p&g? what cards do you have to play? >> this is the most public statement i've
bob is focused on succeeding and keeping his job, it's a good dynamic. the board wants to give him a little bit more time and see if he can make some progress and if not, this is one of the best boards in america. >> what is the real problem? it's something built up over the years. >> part of the problem is there's not a culture of efficiency, let's put it that way at procter & gamble. it is a fat and bloated company. competitors are nimble, have better cost structures, allows...